Learning From the Global Financial Crisis

Creatively, Reliably, and Sustainably

Paul Shrivastava, Matt Statler

• Publisher: Stanford Business Books
• Year: 2012
• Print ISBN: 9780804770095
• eBook ISBN: 9780804778640
• Edition: 1
• Topic: Economics
• Subtopic: Sustainable Development
• Index: Economics

This book is motivated by the simple hope that the cloud of the global financial crisis may yet have a silver lining—that political leaders, economists, and management scholars might seize this opportunity to reflect critically on the assumptions, practices, and infrastructures that have precipitated the crisis and to imagine and create new forms of organization that sustainably enhance the well-being of global stakeholders.

The contributors suggest that aesthetic management, high reliability and crisis management, and sustainability science have much to contribute to the resolution of the collapse that we've witnessed, and to providing enduring lessons for how to structure the institutions of the future. Learning From the Global Financial Crisis devotes a section to each of these areas, offering full-length chapters which explore key issues in depth, as well as shorter commentaries that focus on practical considerations. The chapters progress from micro-level issues that pertain to individuals and teams who act creatively; to the meso-level issues that pertain to the structures, practices, and processes; to the macro-level issues that pertain to the interdependent, ecological systems.

Together, the contributions emphasize the importance of developing holistic responses to the financial crisis. The result is a volume that casts new light on traditional economic and managerial theories and policies and provides fresh ideas to a new generation of scholars and practitioners.

Index

Italic page numbers indicate material in tables or figures.

academic tenure system, 189

Academy of Management, 49

Accursed Share, The (Bataille), 134

addiction, 294

administrative science, 18–19

aesthetic/foundational finance, 264, 266

aesthetic leadership, 67–72

aesthetics: and economics, 58–60; engagement/encounter through, 59–60, 68–72; as sense perception, 58

Agamben, Georgio, 80

AIG, 143, 254

Ali Baba fairy tale, 128–37

alienation from nature, 293–95

all-hazards planning, 200

Altgeld Gardens, 71

ambiguous and synonymous expressions, 38–39

American Recovery and Reinvestment Act, 143

Amex oil index (XOI), 222–23

analytic statements, 31–32

“animal spirits,” 261–62

anthrax preparedness, 201

applied aesthetics, 80

arbitrage, 172–73

architect example (Wittgenstein), 42–44

art: of accounting and finance, 117–19; and identity, 60–66; as knowing, 57; play and, 159, 162–64; significance to science, 56–57; and sustainability, 329–31, 335–36; vs. craft, 117

arte povera, 77

Art of War, The (Sun Tzu), 164

Art Technology and Management Program, 335

assertions: and claims of fact, 27–29, 31–35; and correspondence theory, 42; empirical, 27; mathematical and logical, 32–34; meaningful, 36–40, 46; as static objects, 38

asset-pricing models, 111

assumptions, 3–4

auditing: in Indian banking, 325; paid by corporations, 248; redundancy as, 185

Augustinian view of language. See referentiality

automatic processing, 170

automobile industry, 63, 143, 258

Autoquote software, 269

bailouts, 155, 175

banking, Indian, 318, 321–26

Banking Act of 1933 (Glass-Steagall Act), 145, 158, 252–53, 256, 321

Bank of America, 179, 207, 254

bankruptcy remote entities, 209

Barclays Capital Global Carbon Index, 223

Barings, 176–77, 183

Bataille, Georges, 133–36

Baumgarten, Alexander Gottlieb, 58

Bear Stearns, 143, 146, 168, 173, 206, 254

beaut...

Table of contents

• Cover
• Title Page
• Copyright
• Dedication
• Contents
• Acknowledgments
• Introduction Paul Shrivastava and Matt Statler
• Creatively
• Comments
• Reliably
• Comments
• Sustainably
• Comments
• In Lieu of a Conclusion
• Contributor Biographies
• Index